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BREAKING NEWS: Another Greenlit Brands Linked Retailer Placed Into Administration

David Richards April 6, 2020 No Comments

Debenhams the UK retailer who set up in Australia in 2017 is on the brink of administration for the second time in a year. The Company admits that the move…

JB Hi Fi Not For Sale After Wesfarmers Speculation

David Richards April 2, 2020 No Comments

JB Hi Fi stock rose today after speculation emerged that the cashed-up Wesfarmers Group, who earlier this week sold down their shareholding in Coles could see JB Hi Fi and…

Bluestream Appoints Jands As Its Commercial Distributor In Australia

Elise Reid April 2, 2020 No Comments

Australia’s HDMI, video and audio distributor Bluestream has announced its appointment of Sydney-based Jands as their professional and commercial distributor in Australia. Some 18 months ago Bluestream embarked on an…

Distributors Move In To Sieze Back Audio Stock Retailers Threatened With Legal Action

David Richards March 31, 2020 No Comments

Distributors of high-end audio are not bothering with niceties during the Coronavirus epidemic, with at least two major distributors moving this week to collect stock from retailers who cannot pay…

Bunnings Gets Greenlight To Acquire Adelaide Tools And Oaklands Mower Centre

Elise Reid March 31, 2020 No Comments

The ACCC has announced that it will not oppose Bunnings’ acquisition of Adelaide Tools and Oaklands Mower Centre, which sells power tools and outdoor power equipment at five stores in…

UPDATED:David Jones Tipped To Follow Myer & Close Down Stores

David Richards March 27, 2020 No Comments

Myer has jumped the gun and announced that they are set to start closing all stores from this weekend, David Jones is tipped to follow their lead, this could see…

BREAKING NEWS: Speculation Running Rampart Wesfarmers Planning To Close Target

David Richards March 23, 2020 No Comments

Speculation is running rampant among suppliers to the Wesfarmers owned Target that the struggling retailer is set to be closed down in Australia. Earlier today the Company issued a statement…

Harvey Norman, Bunnings & CE Retailers To Stay Open

David Richards March 23, 2020 No Comments

Consumer electronics, appliance and hardware retailers will be allowed to stay open with demand for goods likely to increase online as people are forced to stay at home claim analysts.…

BREAKING NEWS: Sea Freight Banned For 14 Days By Queensland Labor Government, Tipped To Be Extended To All Ports

David Richards March 19, 2020 No Comments

In a major blow for distributors and retailers the Queensland Labor Government has moved to impose a 14-day offshore quarantine order on all cargo ships because of COVID-19. Distributors of…

OZ Dollar Falls Below $0.60 Westpac Claims ‘Technical Recession’ Consumers Still Spending

David Richards March 18, 2020 No Comments

The Australian dollar has fallen below $0.60 due to the Coronavirus and the slump in share values in Australia, and while goods currently being sold will not rise, goods coming…